KP Tissue (TSE:KPT – Get Free Report) had its price objective reduced by research analysts at CIBC from C$9.00 to C$8.50 in a research note issued on Wednesday,BayStreet.CA reports. CIBC’s target price points to a potential upside of 5.59% from the stock’s previous close.
KP Tissue Stock Performance
Shares of KPT stock remained flat at C$8.05 during trading hours on Wednesday. 14,343 shares of the stock traded hands, compared to its average volume of 13,909. The stock has a market cap of C$80.26 million, a PE ratio of 13.42, a PEG ratio of -0.88 and a beta of 0.37. The firm has a 50 day moving average price of C$8.21 and a 200 day moving average price of C$8.35. KP Tissue has a 12-month low of C$7.98 and a 12-month high of C$9.05.
Insider Activity at KP Tissue
In related news, Director Mario Gosselin sold 18,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$8.19, for a total value of C$147,420.00. 0.14% of the stock is owned by corporate insiders.
KP Tissue Company Profile
KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.
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